forexsq - European stocks declined, snapping four days of gains, as European leaders set a goal of regulating all 6,000 euro-area banks by the beginning of 2014. U.S. index futures were little changed, while Asian stocks fell.

The Stoxx Europe 600 Index fell 0.2 percent to 275.57 at 8:06 a.m. in London. The gauge is still headed for a weekly gain of 2.3 percent, its biggest rise since June. The Stoxx 600 has rallied 18 percent from this yearâ€™s low on June 4 as European Central Bank policy makers agreed on an unlimited bond-purchase program and the Federal Reserve announced a third round of quantitative easing. Standard & Poorâ€™s 500 Index futures were little changed, while the MSCI Asia Pacific Index fell 0.2 percent.